Archived IMT (2009.09.22)
The FED's ASSET PURCHASE PROGRAM consists of buying $300 billion in treasuries (nearly $20 bln of which has yet to be bought by October) and of $1.25 trillion in mortgage-backed securities (nearly $165 bln remains unbought). The Fed's MBS purchases have helped stabilize the market by stabilizing spreads. Market chatter that the Fed may telegraph a potential tightening in conditions using reverse repos, could detract market optimism as the Fed attempts to place in action what it has been revealing in words. ASHRAF WILL BE GUEST HOSTING CNBC's WorldWide Exchange for 45 mins starting at 9 am GMT (10 am BST) previewing the Fed, G20 and FX plays. Risk appetite improving but still not enough for GBPUSD to regain $1.64 and oil to regain $71.85, both falling TLines.
A November to Remember
by Adam Button | Nov 30, 2020 17:37
FX to Join the Party?
by Adam Button | Nov 27, 2020 19:46
مقابلتي اليوم مع العريية عن بتكوين
by Ashraf Laidi | Nov 26, 2020 17:57
Sic Transit Gloria Mundi
by Adam Button | Nov 25, 2020 23:15
Data Comes to Life, Yellen Returns
by Adam Button | Nov 23, 2020 22:29